Calgary Real Estate Tips for Buyers & Investors (2025)
Apartment rents are so high in Calgary, they're approaching Toronto numbers: CMHC
Renting a home in Calgary will likely become less available and more expensive over the next two years, Canadaās housing agency predicts. The projections come amid precipitous rent increases over the past two years that could see Calgaryās average rates approach Torontoās current average rent by 202
2024 CHBA National Awards for Housing ExcellenceĀ Finalists
SASKATOON, SK (MAR 14, 2024) ā Out of 900 total entries over 48 categories, the Saskatoon & Region Home Buildersā Association is thrilled to see that eight of our members have been selected as finalists in several categories for the 2024 CHBA National Awards for Housing Excellence. This prestigious
Canmore recreational property prices increasing with little end in sight: real estate broker
While Canmoreās recreational real estate market has come down from its pandemic-induced buying frenzy, prices are expected to increase steadily over the coming years, a local real estate broker says. Single-family home prices in Canmore nudged upwards in 2023 to $1.56 million āĀ a four per cent incre
'Made no sense': First-Time Home Buyer Incentive scrapped ā and experts say good riddance
The discontinuation of a federal loan that helped cover the down payment on the purchase of a first home in exchange for equity in the property will have little effect on Calgarians, say mortgage brokers. The Canada Mortgage and Housing Corp. announced Friday the cancellation of the First-Time Home
Saskatoon & Region Home Buildersā Association Applaud City of Saskatoon’s $41.3 Million Housing Accelerator Fund Approval
SASKATOON, SK (FEB 28, 2024) ā The Saskatoon & Region Home Buildersā Association (SRHBA) congratulates the City of Saskatoon on their successful approval of the Housing Accelerator Fund (HAF), which is part of a $4 billion-dollar federal initiative administered through CMHC to incentivize more marke
As Calgary's housing prices climb, what does $1 million buy you in 2024?
Million-dollar homes in Calgary arenāt the symbols of luxury they used to be, a new report says ā though homebuyers with that budget are still getting more bang for their buck than in other Canadian cities. Itās a show of Calgaryās decreasing but still-relative affordability compared to cities like
HomeSpace Society selected for transitional housing projects near CTrain stations
The City of Calgary has selected HomeSpace Society to develop transitional housing on two city-owned properties. The Calgary-based non-profit housing developer and operator was selected after the city put out an expression of interest for agencies to bid on the projects earlier this winter. The land
Saskatoon & Region Home Buildersā Association Announce Top Achievements at the Housing Excellence Awards Gala
SASKATOON, SK (FEB 11, 2024) ā The Saskatoon & Region Home Buildersā Association proudly announced the winners of the 32nd Annual Housing Excellence Awards at a sold-out gala event on Saturday, February 10, 2024, at Prairieland Park in Saskatoon. Celebrating the pinnacle of achievement in the housin
Average rent for two-bedroom apartment hits nearly $1,700 as Calgary's vacancy rate plummets
Calgary rents soared last year at the fastest pace in nearly two decades, while the vacancy rate hit lows not seen since 2014, according to Canada Mortgage and Housing Corp.ās (CMHC) annual rental market report. Those conditions were driven by the provinceās major population gains , says the report
Calgary home prices to rise 6.5% in a sellerās market: CREB 2024 forecast
Sellers in Calgary will likely remain in the driverās seat for 2024 despite loosening conditions in the cityās housing market, the local real estate board says. Calgaryās real estate market is struggling to keep up with demand despite hitting new highs for housing starts, according to Calgary Real E
Calgary rent rose 'astronomically' over the past two years, and there's no end in sight
While Canadaās rental market cooled last year, it was a different story in Calgary where rent costs continued to climb amid record migration and a worsening housing crunch. Calgary posted some of the largest year-over-year rent increases in the national rent rankings, according to the latest report
Canmore residents seek environmental assessment for contentious Three Sisters development
Canmore residents are continuing to push back on a proposed development that could double the townās population by requesting Alberta conduct a new environmental assessment on the plan. Lawyers representing Bow Valley Engage (BVE), a local residentsā group, sent a 15-page letter to Alberta Environme
Calgary condo owners will see biggest property tax increases in 2024
Calgary condo owners will likely see the most significant hike on their property tax bill in 2024, after their property values rose more than other housing types last year. The city mailed out more than 580,000 property assessment notices on Wednesday, and the documents are expected to land in Calga
Calgary's rising housing prices, low inventory likely to persist in 2024: CREB
Low inventory and rising prices became common refrains in Calgaryās housing market last year ā a trend the cityās real estate board says will likely continue in 2024. The cityās benchmark price landed at $570,100 in December, say new data from the Calgary Real Estate Board (CREB), to end a year in w
Saskatoon City Council Approves Bylaw Amendment to Remove Minimum Parking Requirements
SASKATOON, SK (DEC 21, 2023) ā Yesterday at City Hall, City Council directed Administration to undertake the work to remove minimum parking requirements in Saskatoon. Known as Open Option parking, a developer, business or homeowner will be able to decide how much parking should be provided on a give
32nd Annual Housing Excellence Awards Finalists
SASKATOON, SK (DEC 15, 2023) ā Itās the moment you have all been waiting for ā the announcement of the finalists for the 32nd Annual Housing Excellence Awards! This recognition is a testament to each companyās commitment to innovation, quality, and excellence in the housing industry. In a world wher
Calgary house prices projected to climb 8% next year; median cost of detached home could top $800,000
Housing prices in Calgary are projected to climb the fastest among all major Canadian cities in 2024, with a hotter market projected if interest rates drop by mid-year, a new report says. Overall, the aggregate price of a home in Calgary is forecast to jump eight per cent year-over-year by the end o
City will lease two pieces of land for temporary, modular housing for vulnerable families
The city is leasing two parcels of municipal land to non-profit agencies to develop temporary, transitional housing for up to 240 of the cityās most vulnerable families. At a housing conference Thursday, Mayor Jyoti Gondek announced the sites near the Whitehorn LRT station in the northeast and the F
Canmore recreational housing prices buck trend, average $1.7M for detached home
While most mountain towns in Canada are seeing decreases in average home prices, recreational housing prices in Canmore are continuing to surge. Even after one of the worst wildfire seasons on record, the median price of recreational single-detached homes in the mountain town increased 9.6 per cent
B.C. family builds dream home in Wedderburn
Although their move from British Columbia to Alberta was initially peppered with obstacles, Rose and Joshua Malamas are now settled into their new home and couldnāt be happier. The couple, originally from Langley on the West Coast, had been considering a move to Alberta for a few years, spurred on b
Hasan Sharif
Phone:+1(403) 808-9705